Fortum Oyj

Investor Presentation • Jul 18, 2024

The Recycling & Waste business

Core Waste-to-Energy site Recycling site Material recycling centre Metal yard Core geographies Sales presence • Rotary kiln capacity: 55 kt • Grate kiln capacity: 280 kt • District heat & electricity production • 1x rotary kiln, 2x grate kilns Riihimäki, Finland • Rotary kiln capacity: 48 kt • Grate kiln capacity: 106 kt • District heat & electricity production • 1x rotary kiln, 1x grate kiln Kumla, Sweden • Rotary kiln capacity: 180 kt • District heat & electricity production • 3x rotary kilns Nyborg, Denmark Extensive network of ~40 treatment assets in Northern Europe

The strategy focuses on finding solutions for customers' environmental and waste management and end-to-end recycling services:

• High temperature incineration to treat hazardous waste and to produce energy
• Waste-to-Energy plants to treat municipal solid waste and industrial waste and to produce energy
• Recycling facilities to recycle materials, such as plastics, metals, ash and slag

Key figures

Key financials, €mn (LTM Q1 2024): Sales: 400 Comparable EBITDA: 64 Comparable operating profit: 3 Capital expenditure: 60 Comparable net assets: 626

Employees:

Total of ~900, of which: Finland ~500 Sweden ~190 Denmark ~180 Norway <5